PEO Health & Benefits Underwriter at Paychex

Job description

Paychex is reimagining how businesses manage their workforce by bringing payroll, HR, benefits, and advisory services together into a single connected HCM platform. As Paychex and Paycor come together, we're combining innovative technology, data-driven insights, AI, and human expertise to help organizations work smarter, support their people, and achieve better business outcomes. This is an exciting time to join our team as we continue to invest in innovation, simplify client experiences, and shape the future of work. At Paychex, you'll have the opportunity to grow your career, make a meaningful impact, and be part of something bigger as One Paychex. Overview Provide health and benefits insurance underwriting, technical and sales support services for the Paychex Professional Employer Organization (PEO). Responsibilities Reviews new business prospect evaluations completed and forwarded by the Underwriting Specialist. Facilitates sales submission and quotation process associated with the PEO health insurance sales initiatives. Assesses degree of risk and exposure to individual client health insurance claims within the context of the PEO Group Health Insurance program. Make selection and rejection decisions on prospective PEO health insurance clients. Interacts with PEO Sales organizations to assure compliance with insurance carrier underwriting and group eligibility requirements. Negotiates with insurance carrier underwriters on individual cases to secure the most comprehensive and competitive quotation terms, conditions and pricing. Acts as a liaison between the PEO sales and service organizations, carrier and client to resolve routine questions and requests for information from the carrier. Provides product and industry technical support and expertise; serve as a resource reference to Paychex Agency Sales. Qualifications Bachelor's Degree - Preferred 3 years of experience in Underwriting, selling or marketing, health and benefits insurance. Relevant Insurance License This role requires you to be eligible for applicable insurance licensing in all 50 states, which may involve an enhanced background check. If you are not currently licensed, you will be required to obtain the necessary insurance license(s) within 90 calendar days of your official start date. Failure to obtain the required license(s) within 90 days of your start date and to maintain eligibility throughout the duration of your employment may result in corrective action, up to and including termination of employment. Paychex Insurance Agency, Inc. (PIA) will cover the cost of up to two (2) attempts to pass a state insurance licensing exam including exam materials and testing fee. The cost of any additional attempts will be at the expense of the individual employee. If an individual is hired by PIA with an active and current license(s), that employee will be responsible for the timely updating and/or verifying of any changes that may have occurred with their state license(s) prior to their start date at PIA. This includes any state of residence changes, e-mail changes, mailing address changes or name changes. - Required Compensation In the spirit of pay transparency, we are excited to share that the compensation range for this position typically between $54,368.93 - $85,436.89. This range includes base pay plus bonus but does not consider other components that make up the total rewards package for the position. If you are hired at Paychex, your overall compensation will be determined based on factors such as geographic location, skills, education, and/or experience which may result in total compensation outside of this range. Live the Paychex Values Act with uncompromising integrity. Provide outstanding service and build trusted relationships. Drive innovation in our products and services and continually improve our processes. Work in partnership and support each other. Be personally accountable and deliver on commitments. Treat each other with respect and dignity. Wh